2018 is half over and you need to regroup to finish strong! In 6 months, you will regret not doing this.

Have you ever put something on the back burner, knowing it needs to be handled, then time gets away and that task you had 6 months to get done, is now a burning inferno and past due?

I always find it interesting when someone, who is not a trueexpert in an industry, has the confidence to give advice on the topic. Possibly even more intriguing to me, is those that are listening, take the advice and use it, or attempt to.

I was recently in a group discussion while networking. There was a very interesting conversation about bookkeeping. Sam, name changed to protect, is not in the ‘numbers’ industry, but had many suggestions on how to handle bookkeeping, for all those in ear shot. One suggestion he made, pierced my eardrum. He stated that he paid a painter for work done in his office, that’s not the piercing part. The painter was operating as an LLC. Sam didn’t require a W9, the form used when payng a subcontractor/independent contractor without withholding income tax. “The painter was not subject to a 1099 because of the LLC” said Sam. That was the piercing part. Sam also paid the painter for the paint, but the painter kept the receipts. The issue wasn’t with the amount paid, but the statement of who should or should not be required to present a W9.

Mid-year is every July for some IRS regulations and requirements, no matter when your business year-end falls.

Take control of your schedule and uses these steps to save time, money and to avoid blazing inferno’s, mainly your frustration for not preparing.

Exchange the vendor’s W9 and Insurance Certificate for the payment you owe the vendor. Even if you don’t feel you will reach the required filing threshold, you will have the documents should the need arise.

Creating the foundation for a cost-effective accounting system for NEW BUSINESSES, and those working to get more established, then providing customized, agreed-upon bookkeeping services contracting with clients for a clear understanding of the services to be provided.

MANAGING your books in a way that allows YOU to do what YOU DO BEST, sell your product or provide your services, while staying as involved in the bookkeeping as needed for proper management of your financials.

CONSULTING on-call for client financial questions.

OrganizerForU offers a 20- to 30-minute complementary phone consultation. We value your time and we know that time efficiency is cost effective. During our call, we listen as you describe the current financial situation of your business, asking the right questions to determine how our services can meet your needs. We take time to briefly explain how our services are provided, to ensure we are a good fit for your needs and situation.